Tag: warner music
Warner Music Group invests in CryptoKitties maker Dapper Labs
At the NY:LON Connect conference this January, Warner Music Group’s Jeff Bronikowski talked about WMG’s startup investments “in sectors we want to learn about… it’s more about learning about sectors and adjacent...
September 13, 2019
Warner Music Group talks startups, technology and investment
In Music Ally's latest analysis report, we take a look at the three major labels' strategies around music/tech startups and investment. The full report is for Music Ally subscribers only, but you can sign up for a free trial,...
September 3, 2019
Report 424: Music/Tech Startups in 2019
Our focus is on music/tech startups, and their interaction with the music industry. Screenwriter William Goldman’s famous line about Hollywood – ”Nobody knows anything” – applies just as well to the task of spotting...
September 2, 2019
WMG boss: streaming isn’t the only reason for industry growth
Warner Music Group published its latest quarterly financials yesterday, with its revenues up 10.4% year-on-year to $1.06bn, including 12.5% growth in its digital revenue to $648m – 61.2% of the total. Within that, WMG’s...
August 7, 2019
Aussie fans can create videos with Ed Sheeran’s official app
The launch of a smartphone app for fans to create and share their own videos with Ed Sheeran’s music (legally!) forming the soundtrack should be big news. But it seems that the Ed No. 6 app is only available in Australia...
August 1, 2019
UMG and WMG execs talk startups and innovation at Sonar+D
Behind the music industry’s fiercely competitive public face hides a wider spirit of digital collaboration, according to Tuhin Roy, the executive who leads Universal Music’s efforts to support early-stage digital music...
July 22, 2019
Warner Classics launches new website with streaming built in
Warner Music Group has a revamped website for its Warner Classics & Erato arm, which it hopes will capitalise on the potential of streaming for the classical-music audience. So much so, that Warner has built streaming...
July 17, 2019
The latest new music label is… Build-A-Bear Records?
We don’t get to report on stuffed-animal announcements very often in Music Ally’s bulletin, but today we bring you news that retailer Build-A-Bear Workshop is launching its own record label. Build-A-Bear Records is the...
July 10, 2019
AI-music startup Endel releases five new ‘Relax’ albums
Earlier this year, AI-music startup Endel revealed plans to release AI-generated albums through a distribution deal with Warner Music Group. And it definitely *is* a distribution deal: headlines about Endel becoming the...
June 24, 2019
Oana Ruxandra to be WMG biz-dev lead as Ron Wilcox leaves
Oana Ruxandra will be Warner Music Group’s new lead of business development for recorded music, reporting directly in to CEO Steve Cooper. “A talented negotiator and collaborative leader, Oana has a first-class...
June 17, 2019
Next for music subscriptions: new markets, diversity and rethinking value
The music industry made around $7.1bn from streaming subscriptions in 2018, according to industry body the IFPI. That was 32.9% year-on-year growth, with subscriptions generating 37% of global recorded-music revenues. How...
June 4, 2019
Executive exits: WMG’s Ole Obermann and Spotify’s Austin Daboh
The latest music executives packing their bags for new climes are Warner Music Group’s chief digital officer Ole Obermann and Spotify’s UK head of music culture and editorial Austin Daboh. Obermann revealed his decision...
June 4, 2019